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Agriculture official positive on Armenia's Eurasian integration plan

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  • Agriculture official positive on Armenia's Eurasian integration plan

    Agriculture official positive on Armenia's Eurasian integration plan

    12:33 * 04.09.14


    In an interview with Tert.am, an Armenian deputy minister of
    agriculture shared his positive outlook on the Eurasian integration
    perspectives.

    Garnik Petrosyan said he expects the competitiveness of Armenian
    agricultural produce to increase by 30% after the country's accession
    to the Eurasian Economic Union (EEU).

    The announced date of Armenia's signing the EEU accession treaty is October 10.

    "We are now hopeful to have an opportunity of a big and inexhaustible
    market in case of joining the Eurasian Economic Union. Our products
    will have a free access to that union's market without any customs
    clearance or value-added tax. And that will make our products
    competitive in terms of the pricing. With their quality and taste, our
    products will definitely have an advantage, so the prices too, will be
    a serious plus. That will lead to a balance on the domestic market,
    enabling us to export the huge surplus from the republic," he noted.

    The deputy minister said he expects not only grain but also other
    agricultural goods to be widely consumed on the EEU market.

    Asked whether the Armenian side has taken any practical step to curb
    the possible impact of the Western sanctions against Russia, Petrosyan
    said that Minister Sergo Karapetyan has convened several working
    meetings and debates with agricultural manufacturers to address the
    problem. He said that the Ministry has now set up a special working
    group tasked with creating big consignments of small-volume products
    for a further export to the big market.

    "The sanctions against Russia are a temporary phenomenon; hence nobody
    can say what the situation will be in a month. They may be lifted
    then. It is simply important to make maximum use of the resources in
    that period.

    "But a membership in the [Eurasian] Customs Union gives us wide
    opportunities, as it offers broad and inexhaustible potentials - not
    just situational solutions - to develop the production, and double and
    triple the export volumes," added the agriculture official.


    Armenian News - Tert.am

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